Principal Global Investors Funds - Preferred Securities Fund I Hedged Inc SGD
ISIN IE00BZBWH752 / Valor 30700786
Principal Global Investors Funds - Preferred Securities Fund I Hedged Inc SGD
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General Objective
The fund seeks to provide an income return consistent with capital preservation by investing primarily in a portfolio of U.S. dollar denominated preferred securities and debt securities, with the majority of these securities rated as investment grade. Any exposure to currencies other than the US dollar will be hedged back to US dollars.
Fund Exposure
The fund is characterized by its exposure to asset classes such as preferred securities and debt securities, with a focus on U.S. dollar denominated instruments. The sector breakdown includes allocations to banks, insurance, utilities, energy, financials, REITs, telecommunications, industrials, and other sectors. Geographically, the fund is allocated to the United States, Canada, Great Britain, Switzerland, France, Japan, Ireland, Netherlands, Spain, Finland, Australia, Germany, Sweden, and other countries.
Risks
Investors should be aware of the risks associated with investing in the fund, including credit risk, interest rate risk, currency risk, and market risk. The fund's performance may be impacted by changes in credit ratings, interest rates, exchange rates, and overall market conditions. It is important for investors to carefully consider these risks before investing in the fund.
Source
https://www.principal.com.hk/products/mutual-funds/principal-preferred-securities-fund-class-acc-units-usd
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